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SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation has declared a
regular quarterly cash dividend of $0.07 per common share. The dividend
is payable November 28, 2016 to stockholders of record as of the close
of business on November 14, 2016.

In addition, the Board of Directors of The Charles Schwab Corporation
declared a regular quarterly dividend on the outstanding Fixed Rate
Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of
$15.00 per share or $0.375 per depositary share, each representing
1/40th interest in a share of Series B Preferred Stock. The dividend is
payable December 1, 2016 to stockholders of record at the close of
business on November 16, 2016.

The Board of Directors of The Charles Schwab Corporation has also
declared a regular quarterly dividend on the outstanding Fixed Rate
Non-Cumulative Perpetual Preferred Stock, Series C, in the amount of
$15.00 per share or $0.375 per depositary share, each representing
1/40th interest in a share of Series C Preferred Stock. The dividend is
payable December 1, 2016 to stockholders of record at the close of
business on November 16, 2016.

The Board of Directors of The Charles Schwab Corporation has also
declared a regular quarterly dividend on the outstanding Fixed Rate
Non-Cumulative Perpetual Preferred Stock, Series D, in the amount of
$14.88 per share or $0.372 per depositary share, each representing
1/40th interest in a share of Series D Preferred Stock. The dividend is
payable December 1, 2016 to stockholders of record at the close of
business on November 16, 2016.

About Charles Schwab

The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of
financial services, with more than 330 offices and 10.0 million active
brokerage accounts, 1.6 million corporate retirement plan participants,
1.1 million banking accounts, and $2.73 trillion in client assets as of
September 30, 2016. Through its operating subsidiaries, the company
provides a full range of wealth management, securities brokerage,
banking, money management, custody, and financial advisory services to
individual investors and independent investment advisors. Its
broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC,
www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.